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$824,900

Beds
4
Baths
3.0
sq ft
1,432

11511 Baker Rd, Jerome, MI 49249

11511 Baker Rd

Somerset Twp, MI 49249

  • Pending
Discover the Ultimate Lake Home Experience at 11511 Baker RoadWhen searching for the perfect lake retreat, whether for recreation or investment, look no further than this exceptional property on Private Lake Leann. This one-of-a-kind, one-acre lot boasts an impressive expanse of lakefront, offering hundreds of feet along the shoreline and some of the most breathtaking views you'll find in any lake home.Key Features:Prime Location: Enjoy the tranquility of lake living with convenient access to Ann Arbor and northern Ohio. The drive time to this serene getaway is as ideal as the setting itself.Impeccable Restoration: Owners have meticulously restored every detail of this home, sparing no expense.The brand-new kitchen features striking black stone counters, full subway tile backsplash, and a stylish prep sink/mini bar, all contributing to a magazine-worthy ambiance. Elegant Interiors: Seamless transitions from the kitchen to the vaulted ceiling living room showcase stunning carpentry with reclaimed wood. Floor-to-ceiling double sliding glass doors frame the magnificent lake views. Outdoor Entertaining: Step out onto the expansive deck, perfect for family gatherings and summer barbecues, and enjoy the unparalleled view. Luxurious Master Suite: The master suite offers a breathtaking vista right from your bed, complemented by a tastefully remodeled master bath. Additional Space: The lower level includes two additional bedrooms, ideal for accommodating guests. You'll also find views here that surpass those of many main-level lake homes. Exceptional Lakefront: With over 270 feet of sandy-bottom frontage, there's ample space for multiple docks and plenty of swimming area. Vibrant Lake Community: Embrace the lively and engaging atmosphere of Lake Leann's community. Participate in exciting boat parades, festive golf cart parades, and thrilling poker runs. Plus, the lake features multiple drive-in beach parks, perfect for enjoying long boat rides with kids and making unforgettable summer memories. Lake season is still

Details

Property type

Single Family Residence

Est. home value

$601,453

Lot size

1.20 acres

Price per sq ft

$577

Year built

1965

Annual property taxes

$11,396

Monthly HOA fee

$14.58

Price History

09/16/2024
Realcomp

Realcomp #55024045570

Pending
$824,900
08/29/2024
Realcomp

Realcomp #55024045570

Listed
$824,900
+4.55%
07/01/2024
Realcomp

Realcomp #53024027816

Removed
$789,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Hanover Horton

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$501,997
Asking price
$824,900
Closing costs (~8% of asking)
-$65,992
Est. remaining loan balance
-$256,911
Cash to seller
$501,997

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Honor Cu

Loan start date

August 2021

Original loan amount

$275,000

Est. remaining balance

$256,911

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Khalil Habib and Cressida Bainton Habib

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Pending/Under Contract

Tomo last checked: 09/18/2024 at 12:35 AM

Listing updated: 09/16/2024 at 10:21 AM

Listed by: BRETT MILES, C-21 Affiliated - Jackson Phone #: (517) 888-0050

MLS: Realcomp #55024045570

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